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Industrial Property Portfolio

Dáil Éireann Debate, Thursday - 13 March 2014

Thursday, 13 March 2014

Questions (29)

Éamon Ó Cuív

Question:

29. Deputy Éamon Ó Cuív asked the Minister for Jobs, Enterprise and Innovation the number of agencies under the aegis of his Department that own business or industrial land for development, broken down by agency and by county; if he intends rationalising this approach to the development of industrial and business sites; and if he will make a statement on the matter. [12229/14]

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Written answers

The two agencies under the remit of my Department who hold industrial property portfolios are IDA Ireland and Shannon Development. Details of the land holdings of both agencies are set out in the tabular statement. IDA Ireland also provides property solutions to companies who are clients of Enterprise Ireland. Under legislation both agencies are independent in the exercise of their property function. The empirical results of international research has demonstrated that the availability of suitable property solutions is a key element in the location decision making process undertaken by prospective investors in determining where projects will locate. Most International development agencies with which IDA competes hold substantial stocks of such properties.

As part of the restructuring of Shannon Development, the enterprise support functions have transferred to IDA Ireland and Enterprise Ireland. This will ensure the continuation of support to both FDI and indigenous enterprises in the region and will also allow the new Shannon Group, being formed from the combining of Shannon Airport Authority and Shannon Development to focus on the development of an International Aviation Service Centre in Shannon. IDA Ireland is assuming responsibility for FDI companies in the Shannon Free Zone, which currently has approximately 55 companies with over 5,000 employees. In addition, part of the restructuring will result in IDA purchasing lands in the National Technology Park in Limerick and the Raheen Business & Technology Park from Shannon Development.

In recent years IDA Ireland has taken the decision to rationalise its non-core land holdings in a number of locations throughout the country. Land holdings are initially offered to Local Authorities and recent examples of rationalisation of IDA Ireland non-core lands completed include the transfer of lands to Roscommon County Council, Donegal County Council, Wicklow County Council and South Dublin County Council. In addition, current transfers in legal process include Cork County Council, Leitrim County Council, Wexford County Council and discussions are ongoing with Galway County Council, Sligo County Council, Dún Laoghaire-Rathdown County Council and Kilkenny County Council. The Agency has explained that non-core lands which are not required by the Local Authorities are placed on the Open Market for disposal.

IDA Ireland also markets non-core lands and properties directly to stakeholders including; OPW, HSE, Chambers of Commerce, An Post and other similar bodies through active engagement in sharing portfolio information with common objectives. IDA constantly keeps its property portfolio under review and of course the matter will again be reviewed in the contest of the work currently being undertaken on the preparation of a new strategy for the Agency from 2015 onwards.

Table shows details of IDA Ireland Land Holdings

County

Property Name

Property Type

Net Hectares

Carlow

Bagenalstown

Land

0.1555

Cavan

Cavan B&T Park

Land

12.0745

Cork

Youghal Springfield Estate

Land

1.87

Cork

Youghal Foxhole

Land

1.2341

Cork

Mallow B & T

Land

3.4585

Cork

Macroom Coolcour

Land

0.3976

Cork

Kinsale Rathhallikeen

Land

0.1298

Cork

Fermoy Rathealy

Land

0.9955

Cork

Cork City Kilbarry B&T Park

Land

57.53

Cork

Carrigtohill B&T Park

Land

24.297

Cork

Bandon Laragh Estate

Land

1.83

Cork

Ringaskiddy (Strategic Site)

Land

156.67

Cork

Cork B&T Park

Land

0.83

Cork

Cork City Ringaskiddy Estate

Land

0.2023

Cork

Cork City Rossa Ave

Land

0.1152

Cork

Millstreet IDA Estate

Land

0.1133

Cork

Fermoy B & T

Land

6.05

Cork

Cork Carrigtohill East (SSi)

Land

53.1576

Donegal

Donegal Lurganboy

Land

0.872

Donegal

Letterkenny Knocknamona

Land

1.35

Donegal

Letterkenny B & T Park [30 Ha]

Land

24.5

Donegal

Letterkenny Business Pk

Land

2.84

Dublin

Dublin 24 - Whitestown Ind Est

Land

0.46

Dublin

Swords - Barrysparks

Land

0.2834

Dublin

Dubl 11 - Poppintree Ind. Est.

Land

3.13

Dublin

Blanchardstown Cruiserath (SS)

Land

27.1925

Dublin

Blanchardstown

Land

14.8587

Dublin

Dubl 12 - Ballymount Ind. Est.

Land

0.0249

Dublin

Swords Bus. Park, Greenfields

Land

3.3775

Dublin

Dublin 5 - Belcamp

Land

46.3996

Galway

Tuam Business Park

Land

2.25

Galway

Roundstone

Land

1.0135

Galway

Mountbellew Business Park

Land

0.1979

Galway

Gort Business Park

Land

1.1217

Galway

Glenamaddy Business Park

Land

0.9105

Galway

Parkmore B&T Park (W&E)

Land

29.22

Galway

Ballygar Site

Land

3.4398

Galway

Athenry Business Park

Land

0.109

Galway

Ballinasloe B&T Park

Land

9.697

Galway

Tuam Science & Technolgy Park

Land

10.1269

Galway

Oranmore S&T Parkk (SS)

Land

26.78

Galway

Athenry (Strategic Site)

Land

8.792

Kerry

Killorglin Farrantoreen

Land

0.8224

Kerry

Dingle

Land

0.5059

Kerry

Killarney B&T Park

Land

4.0619

Kildare

Newbridge Business Park

Land

3.5385

Kildare

Naas Tipper West

Land

1.733

Kildare

Athy Woodstock

Land

1.7183

Kilkenny

Kilky-Purcellsinch Ind. Park

Land

7.26

Kilkenny

Kilkenny B&T Park

Land

14.0783

Kilkenny

Belview (Strategic Site)

Land

14.69

Laois

Portlaoise B&T Park

Land

10.9868

Leitrim

Carrick-On-Shannon Bus. Park

Land

7.72

Leitrim

Drumshanbo

Land

0.2238

Leitrim

Manorhamilton Carrickleitrim

Land

0.4208

Longford

Longford -- Aghafad

Land

2.0272

Longford

Longford Industrial Estate

Land

1.0176

Louth

Greenore

Land

0.0272

Louth

Dundalk Finnabair B&T Park

Land

10.69

Louth

Marleys Lane, Drogheda

Land

0.0056

Louth

Dundalk Mullagharlin East (SS)

Land

15.6

Louth

Dundalk Mullagharlin (SS)

Land

44.175

Louth

Drogheda B&T Park

Land

23.0626

Mayo

Ballina Business Park

Land

2.07

Mayo

Bangor Erris Industrial Park

Land

0.607

Mayo

Castlebar B&T Park

Land

3.0897

Mayo

Foxford Business Park

Land

0.6798

Mayo

Ballina

Land

10.6141

Meath

Navan B&T Park

Land

27.16

Monaghan

Monaghan Business Park

Land

7.53

Offaly

Tullamore Industrial Estate

Land

0.3541

Offaly

Tullamore B&T Park

Land

16.7284

Offaly

Clara

Land

0.4872

Roscommon

Roscommon B&T Park

Land

7.4991

Roscommon

Castlerea Station Rd

Land

1.1735

Roscommon

Carrick-On-Shannon Tullyleague

Land

1.633

Sligo

Collooney Business Park

Land

0.545

Sligo

Cleveragh Business Park

Land

0.3035

Sligo

Easkey Business Park

Land

0.0611

Sligo

Finisklin Business Park

Land

12.74

Sligo

Tubbercurry Business Park

Land

1.2871

Sligo

Sligo - Oakfield Site

Land

31.3186

Tipperary So

Tipperary Knockanrawley

Land

3.16

Tipperary So

Clonmel Bus Park

Land

20.071

Waterford

Knockhouse (Strategic Site)

Land

28.7334

Waterford

Waterford Industrial Estate

Land

1.8

Waterford

Dungarvan Clogheran

Land

0.6277

Waterford

Cappoquin

Land

2.1206

Waterford

Waterford B&T Park

Land

24.2872

Waterford

Dungarvan Business Park

Land

11.5675

Westmeath

Mullingar Clonmore Ind. Est.

Land

10.244

Westmeath

Athlone B&T Park Garrycastle

Land

13.57

Westmeath

Athlone Garrankesh

Land

0.0926

Westmeath

Mullingar B&T Park

Land

23.9227

Wexford

Wexford B&T Park

Land

3.14

Wexford

Wexford Whitemills

Land

1.0141

Wexford

Enniscorthy - Moyne Upper

Land

1.88

Wicklow

Bray Oldcourt

Land

0.0424

Wicklow

Arklow Kilbride

Land

0.1197

Wicklow

Greystones B&T Park

Land

17.93

Wicklow

Bray B&T Park

Land

0.0347

Wicklow

Arklow B&T Pk

Land

14.834

Table shows details of Shannon Development Land Holdings

County

Number of Landbanks

Total Development Acreage

Clare

20

572

Galway

1

4

Kerry

4

638

Limerick

20

739

Offaly

3

5

Tipperary

6

125

Total

54

2,083

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